Does investing in DIAMONDS involve risk?
Yes. Because DIAMONDS represent a diversified portfolio, they are subject to the risk that the general level of stock prices will decline. If the Dow Jones Industrial Average drops, the value of DIAMONDS will decline as well. In addition, the level of the DJIA and the value of DIAMONDS will continue to be reported even if trading is interrupted in some or all of the DJIA component stocks. As a result, reported index levels and DIA price quotations may at times be based on non-current price information with respect to some or even all of the stocks in the DJIA. DIAMONDS may trade below, at, or above net asset value. Trading of DIAMONDS on the Exchange will be halted whenever exchange trading in equity securities generally is halted as a result of activation of market-wide “circuit breakers” that are tied to large decreases in the DJIA. Trading in DIAMONDS on the Exchange may also be halted if Exchange officials determine that such action is appropriate in the interest of a fair and orde